Victorian Plumbing has purchased MFI twenty years after its decline, planning to reinvigorate the furniture brand in early 2026. The company sees potential synergy between MFI's offerings and its customer demographic. This year, the online retailer plans to invest £3 million in enhancing their workforce and infrastructure. Mark Radcliffe, the company's founder, expressed enthusiasm about the acquisition as it opens opportunities within the £20 billion UK homewares market, highlighting the strategic vision for growth within the sector.
Mark Radcliffe, founder and boss of Victorian Plumbing, stated, "I am very excited about the upcoming re-invention of MFI, allowing us to tap in to more of the £20billion UK homewares market."
Victoria Plumbing expressed that MFI's product range aligns well with their customer base, while plans include a £3 million investment in "people and property" this year.
Collection
[
|
...
]